Regulatory Alerts1997-08-29
Added · Updated
Recommendation P on Liquidity Risk Management in Banks
The Polish Financial Supervision Authority (KNF) issued Recommendation P to update liquidity risk management standards for banks following the 2008 financial crisis. The document mandates comprehensive liquidity risk identification, measurement, and mitigation strategies, including the maintenance of unencumbered high-quality liquid assets and robust contingency funding plans. It establishes detailed governance requirements for boards and management while defining specific metrics and procedures for stress testing and intraday liquidity management.
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